A microenterprise is a business with five or fewer employees, which requires $35,000 or less in start-up capital, and which does not have access to the traditional commercial banking sector. For the majority of microenterprise, the owner is the sole operator and employee.

In New York State, microenterprises account for 21.1% of all employment.

There are a total of1,717,249 microenterprises in New York.

Microenterprise provides for2,221,811 jobs for New Yorkers.

MicroBizNY is a coalition of microenterprise organizations, practitioners, and supporters dedicated to promoting enterprise opportunities for people and communities in New York State.

MicroBizNY provides a forum, information and a voice to its
members and constituents.